REI Lense

REI Lense

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$2,925 (target)

11552 Observation Point Ave, Las Vegas, NV 89138

3 beds • 3 baths • 1802 sqft

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This property looks like a bad Long-Term investment with a projected -19.73% first-year return on $154k initial cash invested.

-19.73%

Cash On Cash

2.19%

Cap Rate

0.36

DSCR

$2,925

Rent

-$2,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $5,463 expenses = $2,538 out of pocket

Income$2,925Out of Pocket$2,538Mortgage P&I$3,731128%Property Taxes$54619%Insurance$2579%HOA$1696%Management$29210%CapEx$1465%Vacancy$1766%Maintenance$1465%

Investment Breakdown

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Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$147k

Closing costs

1%

$7,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,925

Total Expenses

$5,463

Mortgage P&I

128%

$3,731

Property Taxes

19%

$546

Home Insurance

9%

$257

HOA

6%

$169

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

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